Italy August final CPI +5.4% vs +5.5% y/y prelim | Forexlive

• Prior +5.9%
• HICP +5.5% vs +5.5% y/y prelim
• Prior +6.3%

The readings are more on less in line with the initial estimates and lower than in July at least. But at above 5%, they are still much too high for the ECB’s liking although the trend is encouraging.